“Demand looks strong ahead of the holidays”, Southwest CEO Bob Jordan told Yahoo Finance during JPMorgan Chase's "Make Your Move Summit" in Frisco, Texas.
And robust demand for flights could help restore confidence of skeptical investors. Southwest shares fell to a nine-year low earlier this month after changes in travel patterns and rising costs prompted the airline to“Travel patterns are returning to normal levels… but there’s no sign of weakness. We’re just not seeing it,” Jordan added. “We had record operating revenues, record passengers, and record rapid rewards revenue.
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